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Business & Economy
Indian Economy is ________

a) Mixed Economy
b) Free Economy
c) Social Economy
d) None of these



Answer
Correct Answer Is : Mixed Economy
Solution Is :
Who published the Economic Survey____________.

a) Ministry of finance
b) Planning Commission
c) Govt. of India
d) RBI



Answer
Correct Answer Is : Ministry of finance
Solution Is :
On What basis, Sectors are classified into public and private in economy ?

a) Nature of activity
b) Ownership of enterprise
c) Use of product
d) None of these



Answer
Correct Answer Is : Ownership of enterprise
Solution Is :
Dual economy is a mixture of which sectors?

a) Industrial sector and manufacturing sector
b) Traditional agriculture sector and modern industrial sector
c) Agriculture sector and manufacturing sector
d) Traditional Agriculture sector, Industrial sector and manufacturing sector



Answer
Correct Answer Is : Traditional agriculture sector and modern industrial sector
Solution Is :
What is gross national product ?

a) The total value of goods and services produced by the country during one year.
b) The total domestic and foreign output claimed by residents of the country
c) The sum of gross domestic product and investment
d) National income minus national expenditure



Answer
Correct Answer Is : The total value of goods and services produced by the country during one year.
Solution Is :
If an economy is purely competitive static economy, then the economic profit will be?

a) Zero
b) Negative
c) Maximum
d) Minimum



Answer
Correct Answer Is : Zero
Solution Is :
The National Income in India is compute by ?

a) Central Statistical Organization
b) Ministry of Finance
c) Govt. of India
d) RBI



Answer
Correct Answer Is : Central Statistical Organization
Solution Is :
Capital information in an economy depends upon _______

a) Total saving
b) Total demand
c) Total supply
d) Total revenue



Answer
Correct Answer Is : Total saving
Solution Is :
What does Mixed economy means?

a) An economic system combining private and state enterprise
b) An economic system combining rural and urban sectors
c) An economic system combining developed and underdeveloped sectors.
d) None of these



Answer
Correct Answer Is : An economic system combining private and state enterprise
Solution Is :
Which one of the following is a residual earning ?

a) Profit
b) Tax
c) Interest
d) Profit and tax



Answer
Correct Answer Is : Profit
Solution Is :

Preparation for Exams